OverviewSuggest Edit

Lazard operates as a financial advisory and asset management firm worldwide. Its Financial Advisory segment offers various financial advisory services regarding mergers and acquisitions and other strategic matters, restructurings, capital structure, capital raising, corporate preparedness, and various other financial matters. This segment serves corporate, partnership, institutional, government, sovereign, and individual clients.

The company's Asset Management segment offers a range of investment solutions and investment management services in equity and fixed income strategies; and alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries, and private clients.

TypePublic
Founded1848
HQHamilton, BM
Websitelazard.com
Employee Ratings3.9
Overall CultureD-

Locations

Lazard is headquartered in
Hamilton, Bermuda

Location Map

Latest Updates

Employees (est.) (Dec 2019)3,018
Job Openings24
Revenue (FY, 2019)$2.7 B(+72%)
Share Price (Nov 2020)$37 (+2%)
Cybersecurity ratingAMore

Key People/Management at Lazard

Dennis Berman

Dennis Berman

Managing Director
Andrew M. Alper

Andrew M. Alper

Director
Richard N. Haass

Richard N. Haass

Director
Ashish Bhutani

Ashish Bhutani

Vice Chairman
Steven J. Heyer

Steven J. Heyer

Director
Michelle Jarrard

Michelle Jarrard

Director
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Lazard Office Locations

Lazard has offices in Hamilton, Houston, Los Angeles, New York and in 3 other locations
Show all (7)

Lazard Financials and Metrics

Lazard Revenue

Lazard's revenue was reported to be $2.67 b in FY, 2019
USD

Revenue (Q3, 2020)

598.0m

Net income (Q3, 2020)

76.5m

EBIT (Q3, 2020)

104.7m

Market capitalization (13-Nov-2020)

3.9b

Closing stock price (13-Nov-2020)

37.0

Cash (30-Sept-2020)

1.1b

EV

4.5b
Lazard's current market capitalization is $3.9 b.
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

2.4b2.4b2.7b1.6b2.7b

Revenue growth, %

(1%)13%(42%)

Sales and marketing expense

1.3b1.3b1.5b1.5b115.0m

General and administrative expense

109.9m109.3m124.8m121.1m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

510.1m546.6m621.1m637.4m729.9m638.1m768.2m12.1m309.7m661.7m650.8m611.1m558.2m592.3m598.0m

Sales and marketing expense

297.2m308.3m353.8m361.8m414.6m361.8m405.0m28.0m28.8m27.3m20.2m6.5m7.6m

General and administrative expense

27.0m27.2m27.0m27.5m30.8m29.2m30.2m

R&D expense

33.5m
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

1.1b1.2b1.5b1.2b1.2b

Accounts Receivable

663.1m

PP&E

219.8m

Goodwill

373.6m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

701.3m646.5m853.9m891.5m955.6m1.3b962.3m845.2m1.1b1.0b919.2m959.0m793.5m896.8m1.1b

Accounts Receivable

695.4m705.1m668.2m588.7m652.1m575.1m

PP&E

206.1m200.3m200.8m209.6m206.5m217.0m220.3m228.6m233.5m

Goodwill

372.4m371.5m366.9m355.7m368.1m373.2m
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

992.9m393.7m259.8m532.4m297.7m

Depreciation and Amortization

35.6m

Cash From Operating Activities

887.3m601.3m1.0b699.0m678.0m

Purchases of PP&E

(42.8m)
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

70.7m152.1m264.7m110.4m231.3m342.8m161.7m310.0m418.8m96.5m170.0m218.2m58.3m131.4m207.9m

Depreciation and Amortization

8.2m16.2m24.9m9.4m18.2m27.1m

Cash From Operating Activities

(99.9m)18.3m299.1m94.4m278.4m678.1m(38.7m)64.8m291.5m(161.3m)82.6m318.4m(156.0m)(304.0k)255.4m

Purchases of PP&E

(5.9m)(18.1m)(40.7m)(12.0m)(24.9m)(34.2m)
USDFY, 2015

Revenue/Employee

921.4k

Financial Leverage

3.3 x
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Lazard Operating Metrics

Lazard's Assets Under Management was reported to be $198b in FY, 2016. Lazard's Enterprise Customers was reported to be 276 in FY, 2016.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Assets Under Management

$197 b$186 b$198 b

Countries

27 27 27 27 27 27 27 27 27 27 27

Enterprise Customers

281 268 276

Locations

43 43 43 42 43 42 42 42 42 43 43
Show all operating metrics

Lazard Revenue Breakdown

Embed Graph

Lazard revenue breakdown by business segment: 55.3% from Financial Advisory and 44.7% from Asset Management

Lazard Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

SecurityScorecard logo

Lazard Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Lazard Online and Social Media Presence

Embed Graph

Lazard Company Culture

  • Overall Culture

    D-

    51/100

  • CEO Rating

    C-

    65/100

  • Compensation

    B+

    78/100

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Lazard Frequently Asked Questions

  • When was Lazard founded?

    Lazard was founded in 1848.

  • Who are Lazard key executives?

    Lazard's key executives are Dennis Berman, Andrew M. Alper and Richard N. Haass.

  • How many employees does Lazard have?

    Lazard has 3,018 employees.

  • What is Lazard revenue?

    Latest Lazard annual revenue is $2.7 b.

  • What is Lazard revenue per employee?

    Latest Lazard revenue per employee is $883.7 k.

  • Who are Lazard competitors?

    Competitors of Lazard include UBS, Charles Schwab and Raymond James.

  • Where are Lazard offices?

    Lazard has offices in Hamilton, Houston, Los Angeles, New York and in 3 other locations.

  • How many offices does Lazard have?

    Lazard has 7 offices.